The International Monetary Fund (IMF) has projected that Iraq will rank as the fifth-largest Arab economy in 2026, based on Gross Domestic Product measured by Purchasing Power Parity (PPP), reaching an estimated value of $739.13 billion and placing 44th globally.

According to the report, Saudi Arabia leads Arab economies, ranking 16th worldwide, followed by Egypt in second place (18th globally). The United Arab Emirates ranks third, with Algeria in fourth, and Iraq completing the top five.

The report indicates that Iraq’s nominal GDP at current prices stands at $273.91 billion, with a real growth rate of 3.6 percent.

Additional indicators show that GDP per capita (PPP) is estimated at $15,850, alongside a population of approximately 46.64 million.

The IMF also noted relative macroeconomic stability, with inflation projected at 2.5 percent. Meanwhile, the general government net lending/borrowing balance is expected to register -7.1 percent, and the current account deficit is forecast at 1.1 percent.

Looking ahead, the Fund expects Iraq’s economy to continue its growth trajectory through 2030.